May I ask Guotai Junan what kind of issuance model is adopted in China's treasury bond issuance market?

Hello! In response to your question, we have made the following detailed answer for you:

China's treasury bond issuance mainly adopts the following three modes:

First, the market-based bidding to the treasury bond primary underwriters to issue marketable treasury bonds;

Second, the underwriting mode to the underwriters, such as commercial banks and treasury bond operating agencies under the financial sector, to sell non-listed savings treasury bonds;

Third, the targeted recruitment to social security institutions and insurance companies to sell directed treasury bonds;

Third, the targeted recruitment to social security institutions and insurance companies to sell directed treasury bonds. p>

The third is to sell targeted treasury bonds to social security institutions and insurance companies in the form of targeted recruitment.

I hope our Guotai Junan Securities Shanghai Branch answer can make you satisfied!

Answers: Guotai Junan Securities account manager Tu manager

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